Standard Chartered: Recommends overweight tech and communication services, underweight consumer staples for the second half of the year

robot
Abstract generation in progress
Mars Finance News, Standard Chartered Bank released its global market outlook for the second half of 2026. In China, given the valuation revaluation potential of the overall market, Standard Chartered has shifted to a more risk-on stance. In terms of allocation recommendations, the technology and communication services sector remains overweight, mainly benefiting from increased self-sufficiency in domestic chips and the continued advancement of AI commercialization; the healthcare sector has been downgraded to neutral due to limited earnings visibility; the consumer staples sector has been downgraded to underweight for similar reasons; the utilities sector has been upgraded to neutral, benefiting from improved electricity demand and policy support. Globally, in the second half of 2026, investors will have to navigate a changing landscape of energy prices, equity supply, investor positioning, and central bank policies. Standard Chartered expects risk assets to continue to be supported in a macroeconomic soft-landing environment. (Cailian Press)
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned